Question: 0.6points eBook Print References Check my workCheck My Work button is now enabled Item 5 Item 5 0.6 points Coore Manufacturing has the following two

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Coore Manufacturing has the following two possible projects. The required return is 12 percent.
Year Project Y Project Z
0 $47,600 $81,000
1 23,900 34,000
2 18,600 32,800
3 20,700 30,500
4 14,600 27,300

a.

What is the profitability index for each project? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.)
b. What is the NPV for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
c. Which, if either, of the projects should the company accept?

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